Europe Set for Warmest January in Decades as Energy Crisis Eases

Article content (Bloomberg) — Europe is set for the warmest January in decades, easing an energy crunch that has hammered the region for months. Article content Mild conditions are likely to persist across the region until the end of the month, with a strong polar weather system inhibiting cold outbreaks, according to forecaster Maxar Technologies … Read more

UK needs ‘war effort’ to cut energy bills and carbon emissions, say MPs

The UK needs a “war effort” to boost energy efficiency and rapidly insulate millions of homes nationwide in order to cut household bills and carbon emissions, a cross-party group of MPs has said. In a report on Thursday, the House of Commons environmental audit committee urged the government to do much more to improve the … Read more

Never-say-die Ginebra draws from crowd energy in rousing comeback win over Bay Area for 2-1 series lead

Barangay Ginebra forward Justin Brownlee challenges the defense of Bay Area Dragons center Liu Chuanxing during Game 3 of the 2022 PBA Commissioner’s Cup Finals at Mall of Asia Arena. PBA IMAGES A misfiring Barangay Ginebra found a way to orchestrate its signature come-from-behind charge and snatch Game 3 of the PBA Commissioner’s Cup Finals … Read more

British household energy bills likely to be lower after warm weather

British household energy bills are forecast to be lower than previously anticipated in 2023, dropping below the level of the government’s price guarantee in the second half of the year. Analysts have sharply reduced their estimates for domestic energy bills after unseasonably warm weather across Europe in recent weeks has led to lower gas usage … Read more

Tokyo Gas near $4.6B deal to buy Rockcliff Energy as Japan seeks stable gas supply

Sky_Blue Tokyo Gas (OTCPK:TKGSF) (OTCPK:TKGSY) is in advanced talks to buy U.S. natural gas producer Rockcliff Energy from P-E firm Quantum Energy Partners in a deal worth ~$4.6B including debt, Reuters reported late Tuesday. The all-cash deal with Houston-based TG Natural Resources, which is 70% owned by the Japanese company, likely will be announced this … Read more

Cash-strapped Pakistan announces early closure of markets, wedding halls to save energy

Pakistan Defence Minister Khawaja Asif said that manufacturing of incandescent bulbs would be stopped from February 1 while production of inefficient fans would be stopped from July. File | Photo Credit: Reuters Cash-strapped Pakistan on January 3 announced early closure of markets and wedding halls as part of a raft of measures under the energy conservation … Read more

Scotland needs an offshore energy revolution

The writer is leader of the Scottish Labour party Scotland is on the cusp of an offshore energy revolution — despite both the Scottish National party and the Conservatives’ best attempts to squander it. Nowhere is this missed potential clearer than in the case of ScotWind. The seabed leasing project has already given companies the … Read more

Energy could be the hedge of a decade for investors on high inflation

Breadcrumb Trail Links Investor Financial Post Magazine Many are now taking seriously the risk high prices pose to their portfolios Soldiers walk through the rubble of battle in Remini, Italy during the Second World War. Investment advisor Arthur Salzer says the period following the war provides a useful comparison for today’s economic situation. Photo by … Read more